Sabre Makes Changes
For Sabre, 80% of its revenues are directly tied to air traffic transaction volumes. You can then figure out just how difficult things are for the company right now. Gross bookings declined by 8%, 17% and 70% y/y, in January,...
It’s a pandemic. It’s a recession. A "pancession?" By whatever name, the Covid-19 virus is destroying both lives and livelihoods. For airlines, it’s destroying both supply and demand. When will it end?
Read The IssueWith earnings season in full swing, we now have a clear picture of airline trends in the U.S. The Big Three — American, Delta, and United — all performed admirably in the fourth quarter, boosted no doubt by exceptionally strong...
Read MorePolite. Complimentary. Respectful. Nobody would use these adjectives to describe Scott Kirby’s attitude toward low-cost airlines. The United Airlines chief showed up for the company’s fourth quarter earnings call with a baseball bat, swinging at rivals for sins ranging from...
Read MoreAre airlines seeing any signs that extremely strong demand is weakening? It’s something everyone’s closely watching for as carriers begin reporting their fourth quarter results. Delta kicked things off on Friday and — rest assured — its demand outlook remains...
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